This form is a General Warranty Deed where the Grantors are three individuals and the Grantee is a limited liability company. Grantors convey and generally warrant the described property to the Grantee. This deed complies with all state statutory laws.
A General Warranty Deed is a legal document used to transfer ownership of real estate property from three individuals to a limited liability company (LLC) in Sugar Land, Texas. This type of deed ensures that the seller guarantees clear and valid ownership of the property to the buyer. In Sugar Land, Texas, there are two main types of General Warranty Deeds: Traditional General Warranty Deed and Special General Warranty Deed. 1. Traditional General Warranty Deed: This type of deed provides the highest level of protection for the buyer. It includes several essential provisions, such as: — Granting Clause: Thgranteror (existing owners) guarantees clear title to the property and has the legal right to transfer ownership. — Covenanbasinin: It assures the buyer that the granter owns the property and has the legal authority to sell it. — Covenant of Right to Convey: Thgranteror guarantees that they have the right to transfer ownership and that the property is not subject to any other claims or liens. — Covenant against Encumbrances: Thgranteror guarantees that the property is free from any encumbrances or restrictions not previously disclosed. — Covenant of Quiet Enjoyment: Thgranteror promises that the buyer's ownership will not be disrupted by any third parties' rightful claims. — Covenant of Warranty Forever: Thgranteror assures the buyer that they will defend the title against any future claims or challenges. 2. Special General Warranty Deed: This type of deed provides similar protections as the traditional General Warranty Deed. However, it limits the granter's liability to claims or encumbrances that arose only during their period of ownership. This means that the granter is not liable for any issues that occurred before they acquired the property. Both types of General Warranty Deeds require detailed legal descriptions of the property being transferred, including boundaries, lot numbers, and any relevant survey details. Additionally, the names and identifying information of both the granters (three individuals) and the grantee (LLC) should be specified accurately. It is crucial to consult with a qualified real estate attorney or professional to ensure the General Warranty Deed is drafted accurately and complies with all relevant laws and regulations.A General Warranty Deed is a legal document used to transfer ownership of real estate property from three individuals to a limited liability company (LLC) in Sugar Land, Texas. This type of deed ensures that the seller guarantees clear and valid ownership of the property to the buyer. In Sugar Land, Texas, there are two main types of General Warranty Deeds: Traditional General Warranty Deed and Special General Warranty Deed. 1. Traditional General Warranty Deed: This type of deed provides the highest level of protection for the buyer. It includes several essential provisions, such as: — Granting Clause: Thgranteror (existing owners) guarantees clear title to the property and has the legal right to transfer ownership. — Covenanbasinin: It assures the buyer that the granter owns the property and has the legal authority to sell it. — Covenant of Right to Convey: Thgranteror guarantees that they have the right to transfer ownership and that the property is not subject to any other claims or liens. — Covenant against Encumbrances: Thgranteror guarantees that the property is free from any encumbrances or restrictions not previously disclosed. — Covenant of Quiet Enjoyment: Thgranteror promises that the buyer's ownership will not be disrupted by any third parties' rightful claims. — Covenant of Warranty Forever: Thgranteror assures the buyer that they will defend the title against any future claims or challenges. 2. Special General Warranty Deed: This type of deed provides similar protections as the traditional General Warranty Deed. However, it limits the granter's liability to claims or encumbrances that arose only during their period of ownership. This means that the granter is not liable for any issues that occurred before they acquired the property. Both types of General Warranty Deeds require detailed legal descriptions of the property being transferred, including boundaries, lot numbers, and any relevant survey details. Additionally, the names and identifying information of both the granters (three individuals) and the grantee (LLC) should be specified accurately. It is crucial to consult with a qualified real estate attorney or professional to ensure the General Warranty Deed is drafted accurately and complies with all relevant laws and regulations.
